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OpEdNews Op Eds    H1'ed 12/23/10

Pentagon's Christmas Present: Largest Military Budget Since World War II

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Department of Defense 636.5

Department of Energy (nuclear weapons and environmental cleanup) 16.7

Department of State (plus international assistance) 36.3

Department of Veterans Affairs 95.5

Department of Homeland Security 51.7

Department of the Treasury (for the Military Retirement Fund) 54.9

National Aeronautics and Space Administration (1/2 of total) 9.6

Net interest attributable to past debt-financed defense outlays 126.3

Total 1,027.5 [5]

The above-cited Carl Conetta stated at the beginning of this year that the 2011 Pentagon budget will mark a milestone in that "the inflation-adjusted rise in spending since 1998 will probably exceed 100% in real terms by the end of the fiscal year.

"Taking the 2011 budget into account, the Defense Department has been given about $7.2 trillion since 1998, when the post-Cold War decline in defense spending ended. Approximately $2.5 trillion of this total is due to spending above the annual level set in 1998. This added amount constitutes the post-1998 spending surge."

Based on constant 2010 dollars, Conetta further details that the Ronald Reagan administration spent $4.1 trillion on the Defense Department, the Georgia W. Bush administration spent $4.65 trillion and "Barack Obama plans to spend more than $5 trillion."

He also compares the two previous largest post-World War Two surges in U.S. military spending to the current one:

From 1958-1968: 43 percent

From: 1975-1985 57 percent

In regards to which he said, "the 1998-2011 surge is as large as these two predecessors combined."

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Rick Rozoff has been involved in anti-war and anti-interventionist work in various capacities for forty years. He lives in Chicago, Illinois. Is the manager of the Stop NATO international email list at: http://groups.yahoo.com/group/stopnato/
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